We have already seen that total state and local per-pupil expenditures on schools increase
substantially under the UTTC plan, although at a slower rate than under the current
system. This does not mean, however, that overall education resources are less than under
the current system.

Although total state per-pupil expenditures would decline under the UTTC plan, that
does not necessarily mean that total expenditures on education would decline. Even when
the credit is fully phased in, every dollar of tax credits would be supplemented by
private expenditures for private schools. Thus, total private and public expenditures
could be higher or lower. More importantly, the expenditures would be more closely aligned
with those who receive the benefits and have the opportunity and incentive to demand
results. Thus, while taxpayers would save money, they would, more importantly, receive
better value for the dollars they do spend.